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germanyindustrialproduction-oct08_22jul19.jpg Germany's finance ministry warned on Monday that the weakness in the industrial sector and exports is set to last longer, mainly due to global risks such as the trade tensions. "Leading indicators and falling orders indicate a persistently weakened industrial economy," the ministry said in its latest monthly report.

ukgdp-oct10_22jul19.jpg The UK economy may have already entered a recession and the outlook beyond October is very murky with the possibility of a severe downturn in the event of a disorderly no-deal Brexit, the National Institute of Economic and Social Research, or NIESR, said in a report on Monday. The think tank said there is one-in-four chance that the economy has already entered a technical recession.

Ireland's wholesale prices fell at the fastest pace in three months in June, data from the Central Statistics Office showed on Monday. The wholesale price index declined 6.8 percent in June, following a 6.3 percent fall in May. This was the biggest fall since March, when prices were down 6.8 percent....

Switzerland's broad money supply grew the most since January 2018, data from the Swiss National Bank showed Monday. The broad money supply, M2, expanded 3.7 percent year-on-year in June, faster than the 3.4 percent increase seen in May. This was the fastest expansion since January 2018, when M3 climbed...

Iceland's consumer price inflation slowed to the lowest level in four months in July, figures from Statistics Iceland showed on Monday. The consumer price index climbed 3.1 percent year-on-year in July, following a 3.3 percent rise in June. The latest inflation was the slowest since March, when...

British households' expectations towards future finances remained positive in July, survey data from IHS Markit showed Monday. The headline household finance index rose for the second straight month in July, to 44.3 from 43.9 in June. The score signaled the weakest level of pessimism among households...

Estonia's producer price inflation slowed in June, data from Statistics Estonia showed on Monday. Producer prices advanced 0.5 percent year-on-year in June, which was slower than 1.1 percent rise in May. Prices of mining and quarrying industry grew 7.5 percent annually and manufacturing prices...

Dutch consumer confidence improved in July, data from the Central Bureau of Statistics showed on Monday. The consumer confidence index rose to 2 in July from zero in June. The consumer confidence index has remained above the average of minus 4 points over the past twenty years. The economic...

The next UK Prime Minister should restore confidence and take action to bring the economy back on track, the Confederation of British Industry said in its Business Manifesto published Monday. Carolyn Fairbairn, the CBI's Director General called for a clear direction for the UK and to build a long-term...

Pessimism among Belgium's households eased in July as their assessment of the future economic situation and savings were less gloomy, survey data from the National Bank of Belgium showed on Friday. The consumer confidence index edged up to -6 from -7 in June. The reading was -5 in May. The sub-index...

Italy's current account surplus increased in May from previous year, data from Bank of Italy showed on Friday. The current account surplus rose to EUR 2.59 billion from EUR 1.86 billion in the same period last year. The surplus on trade in goods climbed to 4.9 billion from EUR 3.9 billion in the...

ukpublicfinancedata-july19.jpg The UK budget deficit widened to the highest June level in four years on bigger government spending, the Office for National Statistics reported Friday. Public sector net borrowing excluding public sector banks rose by GBP 3.8 billion from the previous year to GBP 7.2 billion, the highest June borrowing since 2015 and well above the expectations of GBP 3.9 billion.

Latvia's producer price inflation slowed further in June, figures from the Central Statistical Bureau showed on Friday. The producer price index climbed 2.5 percent year-on-year in June, following a 3.1 percent increase in May. Among the main groups, water supply grew 9.9 percent annually in...

Slovenia's output price inflation eased further in June, figures from the Statistical Office of the Republic of Slovenia showed on Friday. Output prices slowed 0.5 percent year-on-year in June, following a 1.0 percent increase in May. Energy prices rose 11.5 percent annually in June, while prices...

Poland's retail sales grew at a slower-than-expected rate in June, figures from Statistics Poland showed on Friday. Retail sales climbed 3.7 percent year-on-year in June, after an 8.2 percent rise in the same month last year. Economists had expected a 6.0 percent increase. Sales of textiles,...

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